Case-Shiller, Chicago PMI and consumer confidence are set for release Tuesday (which is also month-end) while Wednesday highlights include ADP employment data, ISM and pending home sales. Thursday we get the US employment report plus weekly jobless claims, due to the holiday on Friday pushing forward the employment report.
I guess it makes sense that Monday action should lag given the event risks right around the corner.
EUR/USD is drifting higher in light trade, now at 1.4077. It remains to be seen if Mid-East offers are still above 1.41 after a round of sales from that region at 1.4040 this morning.
